# PPP loan: FRANKLIN PAINT COMPANY INC
> **$483K** approved 04/10/2020 · Paid in Full · Loan `2528287103`
## Borrower
- **Name:** FRANKLIN PAINT COMPANY INC
- **Address:** 259 COTTAGE ST, FRANKLIN, MA, 02038-3006
- **NAICS:** 325510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $362K
- **Utilities:** $121K
- **Jobs reported:** 26
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*